Modernform Group PCL (BKK:MODERN-R) Cash-to-Debt : 2.36 (As of Mar. 2025)

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What is Modernform Group PCL Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Modernform Group PCL's cash to debt ratio for the quarter that ended in Mar. 2025 was 2.36.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Modernform Group PCL could pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

The historical rank and industry rank for Modernform Group PCL's Cash-to-Debt or its related term are showing as below:

BKK:MODERN-R' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.96 Med: 2.49 Max: 5.9
Current: 2.36

During the past 13 years, Modernform Group PCL's highest Cash to Debt Ratio was 5.90. The lowest was 0.96. And the median was 2.49.

BKK:MODERN-R's Cash-to-Debt is ranked better than
69.53% of 430 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.935 vs BKK:MODERN-R: 2.36

Modernform Group PCL Cash-to-Debt Historical Data

The historical data trend for Modernform Group PCL's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Modernform Group PCL Cash-to-Debt Chart

Modernform Group PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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2.77

2.76

1.39

2.54

2.11

Modernform Group PCL Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial															2.89	2.58	2.65	2.11	2.36

Competitive Comparison of Modernform Group PCL's Cash-to-Debt

For the Furnishings, Fixtures & Appliances subindustry, Modernform Group PCL's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Modernform Group PCL's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Modernform Group PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Modernform Group PCL's Cash-to-Debt falls into.

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Modernform Group PCL Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Modernform Group PCL's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	620.251	/	(254.661	+	39.896)
	=	2.11

Modernform Group PCL's Cash to Debt Ratio for the quarter that ended in Mar. 2025 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	699.028	/	(260.805	+	35.153)
	=	2.36

Modernform Group PCL (BKK:MODERN-R) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Modernform Group PCL Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Modernform Group PCL's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Modernform Group PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Modernform Group PCL (BKK:MODERN-R) » Definitions » Cash-to-Debt

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MODERN:Thailand

Address

699 Srinakarindr Road, Modernform Tower, 1st - 4th Floor, Phatthanakan, Suan Luang, Bangkok, THA, 10250

Website

https://www.modernform.co.th

Modernform Group PCL is involved in the manufacturing and distribution of home and office furniture. The business of the group is operated through four reportable segments: furniture business, furniture fitting and other materials business, rental and service business, and architectural design and construction business. A majority of its revenue is generated from the furniture business, which consists of office furniture products, residential furniture products, kitchen furniture products; bathroom furniture products, and others. All the operations functioned throughout the region of Thailand.

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